84.8k views
2 votes
Match each effect to its cause

investing in physical capital
investing in human capital
enga going in international trade


increasing in literacy rate
increase in foreign demand for goods
increase in production speed and quality

2 Answers

3 votes
Engaging in international trade- increase in foreign demand for goods.

Investing in physical capital- increase in production speed and quality.

Investing in human capital- increase in literacy rate

Hope this helps :))))
User Abbr
by
7.3k points
4 votes

Correct answer choice for question 1 is :

C) Increase in production speed and quality.

Explanation:

Physical Capital leads to a part of the production, such as machinery, buildings, or computers. In an economic system, Physical Capital is one of the three main parts of the production, also identified as data generation function. The greater productivity rising from investment in physical capital results in economic growth and the potential for a higher pattern of living. For this reason, some advances in physical capital are made using state funds.

____________________________________________________________

Correct answer choice for question 2 is :

A) Increase in literacy rate.

Explanation:

Human capital is an asset consisting of the information and abilities held by a person that can be applied by a company to promote its goals. Human capital is necessary because some level of human experience and skills is important in order for an association to achieve anything. The firm can enhance its human capital by spending in a graduate business degree for the engineer.

____________________________________________________________

Correct answer choice for question 3 is :

B) Increase in foreign demand for goods

Explanation:

Several nations use various currencies, in the international trade includes a trade of currencies.It takes place to the foreign exchange market, it may attempt to improve the currency value. One product can generate lower probability cost related to the other nations. Trading globally gives customers and countries the chance to be opened to goods and services not accessible in their own countries.

____________________________________________________________

User Farid Cheraghi
by
7.0k points